Sorainen Lithuania advised DNB Bank ASA (Norway), the largest financial services group in Norway, on the grant of a loan to Norwegian real estate development group Schage for development of the Quadrum business centre in Vilnius. Quadrum is the first business centre in Lithuania designed and built according to the Building Research Establishment Environmental Assessment […]
A subsidiary of Lords LB Special Fund I, a fund belonging to investment management company Lords LB Asset Management, has concluded a hotel management contract with operator Carlson Rezidor regarding hotel opening and further activity in Vilnius marked under the Radisson RED name. The hotel, to be opened in 2020 in the developing k18b complex […]
SORAINEN advised Baltic Horizon, an investment manager focusing on specialized real asset investment strategies in Northern Europe, in signing a purchase agreement to acquire an office building in Riga from Bauplan Nord. Post-closing, Baltic Horizon’s portfolio will comprise seven objects worth over EUR 125 million. This is the second of Baltic Horizon’s deals following its […]
Deals & Cases / Eva Berlaus, Raivo Raudzeps
SORAINEN is providing legal assistance to RB Rail, including by drafting an agreement between all involved beneficiaries of the EU funding about the management, control and reporting aspects of use of EU funding, developing a procurement strategy for RB Rail and the Rail Baltic / Rail Baltica railway construction project, advising on legal aspects of […]
MG Valda has acquired land at former factory Skaiteks from Panevėžio keliai and closed one of the biggest real estate development transactions in Lithuania so far this year. With this transaction Naujasis Užupis, a subsidiary company of Panevėžio keliai, which was established for the Paupys project, transferred its shares to MG Valda. Paupys is the […]
